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INDIA'S Commerce Ministry is likely to approve the export subsidy proposal for cardamom within the next few weeks in order to increase exports and halt the fall in domestic prices of the commodity. According to a report in the Indian newspaper The Hindu, the subsidy would cover costs such as local transport, processing and export freight. Rival producers are currently offering cardamom much more cheaply than the Indian produce, leading to a sharp decline in the country's exports. Guatemala is said to be offering cardamom at almost half the Indian price on the international markets... Read More

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